Stock Markets February 26, 2026

U.K. Equities Close Higher as Major Index Hits New Record

Software & computer services, support services and travel & leisure lead gains; mixed moves in commodities and currencies

By Derek Hwang
U.K. Equities Close Higher as Major Index Hits New Record

U.K. stocks finished higher on Thursday, with the Investing.com United Kingdom 100 rising 0.46% to reach a new all-time high. Strength in Software & Computer Services, Support Services and Travel & Leisure supported the advance. Several individual stocks posted large moves in both directions, while commodities and currency markets registered notable activity.

Key Points

  • The Investing.com United Kingdom 100 rose 0.46% to close at a new all-time high, led by gains in Software & Computer Services, Support Services and Travel & Leisure.
  • Prominent individual moves included Howden Joinery jumping 10.75% to 948.00 and Hikma Pharmaceuticals plunging 16.89% to 1,373.00, with Howden reaching a 52-week high and Hikma hitting a 52-week low.
  • Commodities and currencies saw mixed action: gold futures fell, crude and Brent oil advanced, GBP/USD weakened, EUR/GBP was unchanged, and the US Dollar Index Futures inched higher.

London markets closed on a positive note Thursday, with the Investing.com United Kingdom 100 adding 0.46% to register a fresh record high. Sector leadership came from Software & Computer Services, Support Services and Travel & Leisure, which collectively helped push the benchmark higher by the close.

The session saw several pronounced individual performances. The day’s top gainer on the Investing.com United Kingdom 100 was Howden Joinery Group Plc (LON:HWDN), which climbed 10.75% - an increase of 92.00 points - to finish at 948.00. London Stock Exchange Group PLC (LON:LSEG) recorded a 9.06% rise, up 706.00 points to close at 8,500.00, while Relx PLC (LON:REL) added 4.55%, gaining 110.00 points to end the session at 2,525.00.

Not all large-cap names enjoyed the rally. Hikma Pharmaceuticals PLC (LON:HIK) was the weakest member of the index, sliding 16.89% or 279.00 points to close at 1,373.00. Miners also faced downward pressure: Fresnillo PLC (LON:FRES) dropped 5.13% (222.00 points) to finish at 4,104.00, and Antofagasta PLC (LON:ANTO) declined 4.38% or 195.00 points to 4,260.00.

Breadth on the London Stock Exchange favored advancers, with 1,027 stocks rising versus 742 in decline, and 542 remaining unchanged. Howden Joinery’s shares reached a 52-week high at the close, while Hikma’s shares fell to a 52-week low.

Commodities and currency markets recorded separate moves during the session. Gold futures for April delivery were down 0.37% or 19.44 to $5,206.76 a troy ounce. In energy markets, April crude oil rose 1.56% or 1.02 to $66.44 a barrel, and the May Brent contract increased 1.88% or 1.33 to trade at $72.02 a barrel.

On the foreign exchange front, GBP/USD was lower by 0.44% at 1.35, while EUR/GBP was reported unchanged 0.30% at 0.87. The US Dollar Index Futures was up 0.15% at 97.77.

The market’s close reflected a combination of sector-led strength and notable single-stock volatility. Investors and observers will likely continue to watch the large individual moves and cross-market price shifts in commodities and currencies when assessing near-term sentiment.


Market snapshot

  • Index: Investing.com United Kingdom 100 up 0.46% to a new all-time high.
  • Top gainers: Howden Joinery (LON:HWDN) +10.75% to 948.00; London Stock Exchange Group (LON:LSEG) +9.06% to 8,500.00; Relx (LON:REL) +4.55% to 2,525.00.
  • Top losers: Hikma Pharmaceuticals (LON:HIK) -16.89% to 1,373.00; Fresnillo (LON:FRES) -5.13% to 4,104.00; Antofagasta (LON:ANTO) -4.38% to 4,260.00.

Risks

  • Large single-stock swings create heightened short-term uncertainty, illustrated by Hikma Pharmaceuticals' 16.89% decline and Howden Joinery's 10.75% rise - affects equity market stability during the session.
  • Commodity price volatility is evident, with gold futures down while crude and Brent oil rose, which can contribute to unpredictable sector performance among miners and energy-related firms.
  • Currency movements were notable - GBP/USD declined and the US Dollar Index Futures gained - introducing further market variability for assets sensitive to exchange rates.

More from Stock Markets

Agilent Shares Slide After Q1 Results, Guidance Paints Mixed Picture Feb 26, 2026 EDP stakes a claim in Iberian data centre boom on the back of relatively low power costs Feb 26, 2026 Paychex Shares Rise After Rollout of AI Enhancements to Workforce Platforms Feb 26, 2026 eLong Power Shares Plunge After Company Prices Dilutive Unit Offering Feb 26, 2026 Tian Ruixiang Stock Climbs After Strategic Investor Doubles Bitcoin Commitment to 30,000 BTC Feb 26, 2026